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For all of Snap’s focus on being a broadcasting service for millennials who share content with larger groups, what’s become clear is the app’s main usage remains where it started: messaging. But that’s not where it is making money.

Snap laid off around two dozen people in recent days, mostly in its content team, according to people close to the company. The staff cuts, which also affected people in several other departments, are the latest sign of how Snap is being cost-conscious amid struggles with slow user and revenue ...

Two years ago, blood testing startup Theranos began its collapse after journalist John Carreyrou revealed some of its technology was a fraud. At the time, I argued that the unraveling of the $9 billion company wasn’t just a failure of a single technology or CEO; it was a failure of the Theranos ...

Snap pulled off the veil on its redesign today. It moves all stories and messages from friends to the left of Snapchat’s camera screen on a “Friend” page, whereas publisher and creator content is to the right on the “Discover” page. The redesign has two goals in mind: bring more users into the ...

When Snap CEO Evan Spiegel this month revealed plans to redesign the Snapchat app, he outlined a strategy to help celebrities and digital publishers get better distribution and make more money on the app. But while some new features could accomplish that goal, others could hurt traffic for media ...